Period
to 20 November 2018

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Tyne and Wear. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 20 November 2018 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Banking
North East > Tyne and Wear
6 months to
20 Nov 2018
Same period 2017 Same period 2016
Rank 66 80 117
Rank change year-on-year +14 +37 -57
Contract jobs citing Banking 18 11 41
As % of all contract IT jobs advertised in Tyne and Wear 1.93% 1.21% 1.75%
As % of the General category 10.17% 7.80% 11.61%
Number of daily rates quoted 17 7 28
Tyne and Wear median daily rate £450 £115 £308
Median daily rate % change year-on-year +291.30% -62.60% -30.11%
10th Percentile £183 £115 £104
90th Percentile £675 £910 £435
North East median daily rate £450 £115 £370
% change year-on-year +291.30% -68.92% -16.85%
Number of hourly rates quoted 0 0 0
Tyne and Wear median hourly rate - - -
North East median hourly rate - - -

Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Tyne and Wear with a requirement for common skills.

All General Skills
Tyne and Wear
Contract vacancies with a requirement for common skills 177 141 353
As % of all contract IT jobs advertised in Tyne and Wear 18.93% 15.46% 15.05%
Number of daily rates quoted 128 96 264
Tyne and Wear median daily rate £403 £350 £375
Median daily rate % change year-on-year +15.00% -6.67% -7.41%
10th Percentile £261 £225 £237
90th Percentile £649 £650 £537
North East median daily rate £400 £350 £388
% change year-on-year +14.29% -9.68% -6.79%
Number of hourly rates quoted 6 3 3
Tyne and Wear median hourly rate £25.00 £17.10 £26.50
Median hourly rate % change year-on-year +46.20% -35.47% +68.25%
10th Percentile £13.89 £15.21 £12.65
90th Percentile £47.00 £41.69 £27.55
North East median hourly rate £15.45 £21.50 £19.11
% change year-on-year -28.15% +12.51% +34.58%

Banking
Job Vacancy Trend in Tyne and Wear

Job postings citing Banking as a percentage of all IT jobs advertised in Tyne and Wear.

Job vacancy trend for Banking in Tyne and Wear

Banking
Contractor Daily Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking in Tyne and Wear.

Contractor daily rate trend for Banking in Tyne and Wear

Banking
Contractor Daily Rate Histogram in Tyne and Wear

The daily rate distribution of IT jobs citing Banking in Tyne and Wear over the 6 months to 20 November 2018.

Contractor daily rate histogram for Banking in Tyne and Wear

Banking
Contractor Hourly Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking in Tyne and Wear.

Contractor hourly rate trend for Banking in Tyne and Wear

Banking
Contract Job Locations in Tyne and Wear

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Tyne and Wear region over the 6 months to 20 November 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Newcastle upon Tyne +11 16 £450 +291.30% 6
Sunderland -1 1 £625 +443.48%
Gateshead - 1 £450 -
Banking
North East

For the 6 months to 20 November 2018, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Tyne and Wear region with a requirement for Banking.

1 12 (66.67%) Finance
2 6 (33.33%) Agile Software Development
2 6 (33.33%) SQL
3 5 (27.78%) Python
3 5 (27.78%) SAS
3 5 (27.78%) Financial Institution
3 5 (27.78%) SPSS
3 5 (27.78%) Validation
3 5 (27.78%) Statistics
3 5 (27.78%) Degree
3 5 (27.78%) Mathematics
3 5 (27.78%) Physics
3 5 (27.78%) Computer Science
3 5 (27.78%) Credit Risk
3 5 (27.78%) Stress Testing
3 5 (27.78%) Financial Modelling
3 5 (27.78%) R
3 5 (27.78%) Analytics
3 5 (27.78%) IFRS
3 5 (27.78%) IFRS 9
3 5 (27.78%) Master's Degree
4 4 (22.22%) Machine Learning
4 4 (22.22%) Big Data
5 3 (16.67%) User Experience
5 3 (16.67%) User-Centered Design (UCD)
5 3 (16.67%) Digital Transformation Programme
6 2 (11.11%) Retail Banking
6 2 (11.11%) Migration
6 2 (11.11%) Project Management
6 2 (11.11%) Microsoft

Banking
Co-occurring IT Skills in Tyne and Wear by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 5 (27.78%) SAS
2 1 (5.56%) Confluence
2 1 (5.56%) SharePoint
Applications
1 5 (27.78%) SPSS
2 2 (11.11%) Microsoft Office
3 1 (5.56%) Microsoft Excel
3 1 (5.56%) Microsoft PowerPoint
3 1 (5.56%) Microsoft Project
3 1 (5.56%) MS Visio
Communications & Networking
1 1 (5.56%) Unified Communications
Database & Business Intelligence
1 4 (22.22%) Big Data
2 1 (5.56%) SQL Server
2 1 (5.56%) SQL Server Integration Services
2 1 (5.56%) SQL Server Reporting Services
Development Applications
1 1 (5.56%) JIRA
General
1 12 (66.67%) Finance
2 5 (27.78%) Financial Institution
3 2 (11.11%) Retail Banking
4 1 (5.56%) Retail
Job Titles
1 13 (72.22%) Analyst
2 6 (33.33%) Business Analyst
3 5 (27.78%) Senior Analyst
4 3 (16.67%) Agile Business Analyst
5 2 (11.11%) Project Manager
5 2 (11.11%) Qualitative Analyst
5 2 (11.11%) Quantitative Analyst
5 2 (11.11%) Senior Quantitative Analyst
6 1 (5.56%) 1st Line Support Analyst
6 1 (5.56%) Banking Analyst
6 1 (5.56%) Banking Project Manager
6 1 (5.56%) Call Centre Business Analyst
6 1 (5.56%) Call Centre Project Manager
6 1 (5.56%) IT Analyst
6 1 (5.56%) ITIL Service Analyst
6 1 (5.56%) Linux DevOps Engineer
6 1 (5.56%) Linux Engineer
6 1 (5.56%) Linux/Unix DevOps
6 1 (5.56%) Technical Business Analyst
6 1 (5.56%) Telephony Manager
Libraries, Frameworks & Software Standards
1 1 (5.56%) .NET
1 1 (5.56%) ASP.NET
1 1 (5.56%) Middleware
Miscellaneous
1 5 (27.78%) Computer Science
1 5 (27.78%) Credit Risk
2 3 (16.67%) User Experience
3 1 (5.56%) Analytical Skills
3 1 (5.56%) Private Cloud
Operating Systems
1 1 (5.56%) Linux
1 1 (5.56%) Unix
1 1 (5.56%) VME
Processes & Methodologies
1 6 (33.33%) Agile Software Development
2 5 (27.78%) Analytics
2 5 (27.78%) Financial Modelling
2 5 (27.78%) Mathematics
2 5 (27.78%) Physics
2 5 (27.78%) Statistics
2 5 (27.78%) Stress Testing
2 5 (27.78%) Validation
3 4 (22.22%) Machine Learning
4 3 (16.67%) Digital Transformation Programme
4 3 (16.67%) User-Centered Design (UCD)
5 2 (11.11%) Migration
5 2 (11.11%) Project Management
6 1 (5.56%) Configuration Management
6 1 (5.56%) ITIL
6 1 (5.56%) ITSM
6 1 (5.56%) Open Source
6 1 (5.56%) Programme Management
6 1 (5.56%) Scrum
6 1 (5.56%) Service Management
Programming Languages
1 6 (33.33%) SQL
2 5 (27.78%) Python
2 5 (27.78%) R
3 1 (5.56%) C#
3 1 (5.56%) COBOL
3 1 (5.56%) Java
3 1 (5.56%) T-SQL
Qualifications
1 5 (27.78%) Degree
1 5 (27.78%) Master's Degree
Quality Assurance & Compliance
1 5 (27.78%) IFRS
1 5 (27.78%) IFRS 9
2 1 (5.56%) SLA
Vendors
1 2 (11.11%) Microsoft
2 1 (5.56%) Apple
2 1 (5.56%) Avaya
2 1 (5.56%) Cisco
2 1 (5.56%) Fujitsu
2 1 (5.56%) Google
2 1 (5.56%) HP
2 1 (5.56%) ICL
2 1 (5.56%) Samsung
2 1 (5.56%) ServiceNow
2 1 (5.56%) TSYS
2 1 (5.56%) WorldPay